Business
May 2, 2007

 

The following statement was issued by the Honourable Kevin O�Brien, Minister of Business. It was also read in the House of Assembly.

Minister Recognizes the Newfoundland and Labrador
Organization of Women Entrepreneurs

I rise today along with my honourable colleague the Minister Responsible for the Status of Women Joan Burke to recognize the work of the Newfoundland and Labrador Organization of Women Entrepreneurs, NLOWE, and the success of their first national women in business conference, Connections. Hundreds of women entrepreneurs from across the country gathered in St. John�s from April 24 -26 to learn from a lineup of first class speakers, to network, and to do business.

This year marks the 10th anniversary of NLOWE, and the Entrepreneur of the Year Awards. NLOWE continues to support women�s contributions to economic development, and foster the success of women in business. Not only is this organization assisting women entrepreneurs grow successful, leading edge businesses, they are creating a network of business leaders, and a knowledge centre for young female entrepreneurs.

The Provincial Government was a proud sponsor of Connections. It was a great opportunity for the province to showcase our world famous hospitality and culture. My colleague, Minister Joan Burke, spoke to delegates during the opening reception of Connections, and I had the pleasure of addressing the group during the final event, the 2007 Entrepreneur of the Year Awards. The energy and positive attitude of the business leaders at the conference was overwhelming. These are a group of business leaders who contribute significantly to our provincial economy, and both myself and Minister Burke were honoured to participate.

During the awards gala on April 26, I had the opportunity to communicate some of the key announcements as part of Budget 2007. Business leaders in attendance were very pleased to hear about government�s commitment to fostering a positive business environment and promoting growth in Newfoundland and Labrador. The reductions in personal income tax rates and $32 million for the Department of Business to attract new business to Newfoundland and Labrador were very positively received. Entrepreneurs in the audience were also pleased to learn about the adjustment of the small business threshold under corporate income tax from $300,000 to $400,000, and the over 170 fees reduced or eliminated.

I would like to congratulate NLOWE on a very successful conference and Entrepreneur of the Year awards gala, and for their 10 years of operations. NLOWE and its programs provide the best practices for successful associations and I want to recognize their executive, staff and numerous volunteers for 10 years of success.

2007 05 02                                     2:15 p.m.

 


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